Median rent
for residential apartments
in Bismarck, ND
as of May, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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48 Bismarck, ND, USA apartments for rent
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Bismarck
Bismarck, ND has a population of 70,536, while the median age is 37. The household income in Bismarck, ND is around $61,477. The homeownership rate among the residents is 63%. The median residential property value in Bismarck, ND that you should keep in mind is $223,200.
| Population | 70,536 |
| Median Age | 37.1 |
| Poverty Rate | 10% |
| Household Income | $61,477 |
| Number Of Employees | 39,102 |
| Median Property Value | $223,200 |
Housing Trends
Rent vs Own
Average apartment rent in Bismarck:
$1,919 (-53.7%)
Rent Price |
May | vs Last Month |
|---|---|---|
| Studio apartments | $2,415 | -37.2% |
| 1-bed apartments | $2,670 | -28.7% |
| 2-bed apartments | $1,410 | -72.2% |
| 3-bed apartments | $1,058 | -67.4% |
Over the May 2023, the average rent for an apartment in/near Bismarck, ND decreased by 53.7% to $1,919.
Compared to the last month, the average price for a rental studio in Bismarck, ND has decreased by 37.2%. You can expect to rent the studio for $2,415 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 28.7% to $2,670. Pricing for 2-bed apartment also decreased by 72.2% and a place of this size will now cost you $1,410. 3-bed apartment rent pricing starts at $1,058, it decreased by 67.4% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $6,510 for a big-family home.
Rent Type Price |
May | vs Last Month |
|---|---|---|
| Houses for rent | $1,864 | -48.8% |
| Apartments for rent | $1,934 | -42.3% |
The median rent for an apartment in Bismarck, ND decreased by 42.3% to $1,934. Statistics show that house rent price decreased by 48.8% this month making it up to $1,864. Condo for rent is now available for the same pricing as previously — $6,022. Townhouse rent pricing didn’t change, the price still starts at $2,800.
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